|
PureBytes Links
Trading Reference Links
|
James,
How do we know you aren't a government plant place here to promote the
government's aims and positions?
Conspiratorily,
Norman
James Taylor wrote:
> Just yesterday the US Government bought $10 Billion worth of 30 year T-Bonds
> for the Japanese Govt to offset the Japanese Govt's purchase of US Dollars
> the day before when they intervened to stave off another round of Yen
> strengthening. There are examples practically every month, and they are
> widely reported in the press. At some point the news agencies will report
> that the US Govt has been buyng stock to support this market and to try to
> stave off the inevitable panic. Think about it, if a government is quick
> to support its currency, wouldn't they be just as quick to manipulate its
> stock market ? since the economy is tied to equity prices. It is sick how
> far this administration has painted itself and the lemming star gazing paper
> chasing citizens into a corner.
>
> Here we have a country, Japan, in a deep recession after having its market
> bubble burst 10 YEARS earlier, and their government pumping HUNDREDS of
> billions of dollars for years to try to stimulate their economy (to no
> avail), and the currency traders feel that their currency should strengthen
> against the US Dollar. I agree that is most certainly should, given the
> absolute insane levels of trade deficits this government has allowed to
> amass, and the staggering levels of debt it in under. At some point, the
> market will prove to be bigger than they are.
>
> ----- Original Message -----
> From: wong <whs@xxxxxxxxxxxx>
> To: <jptaylor@xxxxxxxxxxxxxxx>; <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, April 05, 2000 1:37 AM
> Subject: Re: [RT] US Govt. Manipulation of Stock Market
>
> > Hi James:
> >
> > Please explain.
> >
> > This is the FIRST time I've heard of something like that. It's very hard
> > for me to believe, and I'm NOT convinced that's the case.
> >
> > Please "prove" why this is a "proven" fact, with regard to the US
> government.
> >
> >
> > Thanks in advance!
> >
> >
> > Wong
> > ==========================================
> > At 10:13 PM 04/04/2000 -0700, James Taylor wrote:
> > >It is a proven fact that governments manipulate their stock, currency and
> > commodity markets, and today was a >classic example. There is absolutely
> > no other explanation of
> > >the massive rebound.
> >
> > >Does anyone know the details ?
> >
> > >Who does the government execute orders thru ?
> >
> >
|